Rivian (RIVN) shares surged significantly on December 19, 2025, fueled by multiple analyst upgrades—including Baird to Outperform—citing optimism regarding the upcoming R2 2026 launch and the unveiling of the RAP1 chip during the company's Autonomy & AI Day.

  • The stock closed the day up 10.70%, continuing a strong rally that saw shares rise 15.03% the previous day.
  • The positive sentiment is bolstered by the company's vertical integration, strategic partnerships with VW, and strong 78.3% Q3 revenue growth.